Scope of Managerial Economics
Managerial economies are a developing science which generates the countless problems to determine its scope in a clear-cut way. However, then the following fields may be considered under business economics: 1. Demand Analysis and Forecasting. 2. Cost and Production Analysis. 3. Pricing Decisions, Policies and Practices. 4. Profit Management. 5. Capital Management. The study of these segments of business economics [...]